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NEWS TAGGED BANKRUPTCY
Wednesday 29 February 2012
Taiwan makers bracing for Elpida bad debts
Japan-based memory chipmaker Elpida Memory, which filed for bankruptcy protection on February 27 to restructure its debts and capital structure, might end up struggling to pay off...
Tuesday 21 February 2012
IC companies shutter 49 fabs from 2009-2011, says IC Insights
Data compiled by IC Insights reveals that 49 semiconductor wafer fabs were closed between 2009 and 2011.
Wednesday 8 February 2012
China polysilicon firm reportedly files for bankruptcy
The rapid price drop of polysilicon has caused close to 80% of polysilicon firms in China to halt production. As the rebound of polysilicon pricing has been weak, a China-based polysilicon...
Friday 20 January 2012
Eastman Kodak files for bankruptcy
Eastman Kodak has announced the company and its US subsidiaries have filed voluntary petitions for business reorganization under chapter 11 of the US Bankruptcy Code.
Friday 20 January 2012
Asia Optical, Altek impacted by Kodak bankruptcy
Asia Optical and Altek, two Taiwan-based digital camera ODMs, have suffered overdue accounts receivable payments and losses in inventory from the Chapter 11 bankruptcy protection...
Tuesday 17 January 2012
Taiwan ODMs considering cash only transactions with Kodak
As Kodak is facing bankruptcy crisis, rumors about the company filing lawsuits against Apple, High Tech Computer (HTC) and Fujifilm as a last resort to help its financial situation,...
Monday 19 December 2011
Solon bankruptcy causes stirs in Taiwan solar industry
The wind of bankruptcies of solar firms has been blowing to Europe's solar industry. Europe-based solar module firm Solon declared bankruptcy last week, causing quite a stir. Taiwan-based...
Friday 21 October 2011
China-based PV module maker Suntech Power denies bankruptcy rumors
Suntech Power Holdings, a large China-based maker of crystalline silicon PV modules, has reportedly filed a request for bankruptcy due to serious financial woes, but Suntech has denied...
Tuesday 27 September 2011
Rising minimum wage in China to seriously impact PC component suppliers
To counter domestic inflation, several provinces in China including Guangdong and Jilin are set to increase their minimum wage in early 2012, while cities such as Chongqing, where...
Wednesday 17 August 2011
Taiwan firms unlikely to land orders from Evergreen Solar customers
US-based solar firm Evergreen Solar has declared bankruptcy and plans to sell its String Ribbon silicon wafer technology. The development has prompted speculation that orders may...
Thursday 4 August 2011
Taiwan PC supply chain players facing bankruptcy crisis in China
Taiwan-based PC supply chain players are facing a crisis of being bankrupted in China as the China government started executing new social insurance policies in July which will significantly...
Wednesday 11 May 2011
Infineon purchases Qimonda assets in Dresden for EUR100.6 million
Infineon Technologies announced on May 10 that the company has purchased real estate and manufacturing facilities from Michael Jaffe, insolvency administrator managing the assets...
Friday 8 April 2011
Flash card maker Hagiwara files for bankruptcy protection
Japanese flash card maker Hagiwara Sys-Com reportedly has filed for bankruptcy protection, raising speculation that the dedicated memory module sector will go through another restructuring...
Tuesday 11 May 2010
Spansion emerges from bankruptcy
Flash memory solutions provider Spansion on May 10 announced it has emerged from Chapter 11 reorganization. During the reorganization, Spansion focused its business on serving embedded...
Friday 2 April 2010
Spansion moves closer to exiting Chapter 11
Spansion on April 1 announced that the US Bankruptcy Court for the District of Delaware has issued a decision regarding its plan of reorganization that overrules a number of objections...